What was the cash flow to stockholders for the year

Assignment Help Finance Basics
Reference no: EM131831771

The December 31, 2015, balance sheet of Schism, Inc., showed $130,000 in the common stock account and $2,332,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed $148,000 and $2,618,000 in the same two accounts, respectively. If the company paid out $148,500 in cash dividends during 2016, what was the cash flow to stockholders for the year?

Reference no: EM131831771

Questions Cloud

Describe the americans with disabilities act : Explain how far we have come and what still needs to be addressed (such as terminology, acceptance, and support).
Information for sookie cookies : Given the following information for Sookie's Cookies Co., calculate the depreciation expense: sales = $67,000; costs = $49,200; addition to retained earnings
What is the amount of the overall net gain or loss : What is the amount of the overall net gain or loss that Queen should recognize on the transfer of the equipment and settlement of debt/forgiveness of interest
Determine your decision to invest or not to invest : In determining your answer, please be sure to address some of the key financial indicators that helped to determine your decision to invest or not to invest.
What was the cash flow to stockholders for the year : If the company paid out $148,500 in cash dividends during 2016, what was the cash flow to stockholders for the year?
What total amount of cash did risen receive : Interest is payable semiannually on April 1 and October 1. What total amount of cash did Risen receive on the issuance of the bonds
Make no additional contributions : Assume you earn a return of 12 percent per year and make no additional contributions. What if you wait 10 years before contributing?
Explain how you overcome personal barriers to communications : The success or failure of a start-up is largely determined by the smarts and management ability of the entrepreneur and effective communications.
What amount should dodge record as a gain on retirement : On March 1, 2005, Dodge retired $560,000 of these bonds at 98 plus accrued interest. What amount should Dodge record as a gain on retirement of these bonds

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd